Shipping industry off track to meet 5% zero-emission target

The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found, jeopardizing the shipping industry’s 2050 decarbonization goal. Launched at the Global Maritime Forum’s annual summit in Athens on Wednesday, the assessment finds that current scalable zero-emissions fuel (SZEF) production in the

New report warns clock is ticking for shipping’s zero-emission fuels target

A new report has revealed that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window of opportunity will close soon, and rapid action is required from the industry. The report named “Climate Action in Shipping, Progress towards Shipping’s 2030

Class NK says need to work out volume of ship yards

Japanese classification society ClassNK has crunched the numbers to work out the volume of ships yards will have to churn out in order to comply with the indicative checkpoints agreed at this year’s new International Maritime Organization greenhouse gas (GHG) targets. In short, 80m gt of zero-emissions vessels will need to be handled by shipyards

Middle East’s first Hydrogen Train to begin trail run

Prince Abdulaziz bin Salman, Saudi Arabia’s Minister for Energy, announced that the Middle East’s inaugural hydrogen train will commence trial runs this week. Addressing the UN MENA Climate Week in Riyadh, he said, “It will be on trial for the next week, and hopefully for the next few months, marking the debut of the first

ABS signs MOU with KHIA, UOUFIC to develop hydrogen-fueled vessel

ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small, 40-seat vessel for tourism, equipped with electric propulsion using a 350-kW hydrogen fuel cell. The zero-emission vessel qualifies as one of the research, development and demonstration (RD&D)

Three shipowners to take on ZESTA challenge

Three shipowners have accepted to take up the absolute zero emissions challenge posed by the Zero Emissions Ship Technology Association (ZESTA), a global industry body representing technologies and fuel providers who are already committed to absolute zero. The three shipowners are Hong Kong-based tanker and bulker firm Wah Kwong, Veer Voyage, a Bahamas-headquartered containerline and

Global maritime trade costs may increase with zero-emission fuels

Over 80 per cent of global trade by volume and 70 per cent by value, transported via ships, would be notably affected by these cost changes. Small island developing states (SIDs) and least developed countries (LDCs), heavily dependent on imports and exports and distanced from major trade routes, are prone to increased transport costs.

Port of Melbourne sets scope 1 and 2 emission targets

The port said in a statement that it would achieve its net zero targets by sourcing 100% of the electricity needed for its business operations from renewables and by transitioning its corporate vehicle fleet and marine survey vessel to electric or zero-emissions fuel technologies.

Cargill partners with Kotug for zero-emission electric barge

The boats will run on green energy from the wind farm that Cargill and Vattenfall operate in partnership with Windpark Hanze.

Yang Ming to obtain LNG dual-fuel ships

Yang Ming Marine Transport Corporation approved the procurement of LNG dual-fuel container vessels. In line with Yang Ming’s global fleet deployment plan and the goal towards net-zero emission, the firm said the board meeting approved proceeding subsequent procurement procedures of five LNG dual-fuel container vessels, following the public and transparent international bid evaluation process. Tags: